Farfetch to cut up to 30% of workforce as Coupang takes over

farfetch-commerce-solutions

Farfetch is set to cut up to 30% of its total workforce as global ecommerce retailer Coupang takes ownership, Drapers has reported.

The luxury fashion retailer is expected to cut between 25% and 30% of its staff after new owner Coupang said it was looking to “streamline the business” and increase ”financial strength”.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

ÂŁ5 A MONTH for 3 months

Subscribe now